Reference to board in this document means the group of individuals (howsoever described or called) in whom the governance, control, direction and management of the organisation is vested in accordance with its constituent documents or by legislation.
It includes:
- In the case of a company – its board of directors;
- In the case of an incorporated association – its committee of management;
- In the case of a statutory authority or public sector organisation – its board of directors or duly appointed council.
The board is responsible for the overall governance, management and strategic direction of the organisation and for delivering accountable corporate performance in accordance with the organisation’s goals and objectives. This responsibility is usually set out in the organisation’s constitution or in the enabling legislation under which the organisation is registered or incorporated.
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